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TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public - Vimarsana News

TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public

/PRNewswire/ -- TeleSign is a pioneer and leader in connecting, protecting and defending the world's leading brands and their customers as they engage in the...

TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public - Vimarsana News

TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public

/PRNewswire/ -- TeleSign is a pioneer and leader in connecting, protecting and defending the world's leading brands and their customers as they engage in the...

Euromoney Spacs speed up: NAAC brings the Pipe to the IPO - Vimarsana News

Euromoney Spacs speed up: NAAC brings the Pipe to the IPO

NAAC's Gary Quin on a screen in New York NAAC's Gary Quin on a screen in New York It has only been listed for a week, but North Atlantic Acquisition Corp (NAAC), a special purpose acquisition company (Spac) formed to hunt for targets within the next two years, has already been inundated with interest. Gary Quin, its chief executive, tells Euromoney that he’s fielding a wealth of inbound pitches for business combinations, many of which are from investment banks keen to line up an alternative option for clients already in their own IPO pipelines. Having originally filed to r...

Irish-backed 'blank cheque' firm lifts US flotation proceeds to $330m - Vimarsana News

Irish-backed 'blank cheque' firm lifts US flotation proceeds to $330m

A US blank cheque company spearheaded by Irish businessmen has raised more than originally anticipated via a public listing in New York after strong investor demand. North Atlantic Acquisition Company, which is spearheaded by executives including CEO Gary Quin and president Patrick Doran, floated on the Nasdaq last Friday having initially filed to raise up to $300m (€247m) directly from the market. But that amount was upsized to $330m by the special purpose acquisition corporation (SPAC). The shares floated at $10 each and by yesterday afternoon were trading at $10.57. Apart from the $330m ...

Europe-focused SPAC successfully launches on Nasdaq - Vimarsana News

Europe-focused SPAC successfully launches on Nasdaq

Share this article Share this article NEW YORK, Jan. 26, 2021 /PRNewswire/ -- North Atlantic Acquisition Corporation ("NAAC" or "the Company"), today closed its initial public offering of 37,950,000 units at a price of $10.00 per unit.  This closing included the upsizing of the transaction, as well as the full exercise of the underwriters' over-allotment option.  Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $379,500,000 (or $10.00 per unit sold in the public offering) was placed in the Company's trust accoun...